Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFDM Group Regulatory News (FDM)

Share Price Information for FDM Group (FDM)

Share Price is delayed by 15 minutes
Get Live Data
100.20    -5.60 (-5.29%)
Bid:
101.40
Ask:
105.60
Spread: 4.20 (4.142%)
Market Cap: £109.56m
FDM Live PriceLast checked at - London Stock Exchange

Intraday FDM Group Share Chart

Senior Management Changes

20 Nov 2008 14:38

RNS Number : 5924I
Ford Motor Co
20 November 2008
Β 

ο»Ώ

FORD ANNOUNCES SENIOR MANAGEMENT CHANGES TOSTRENGTHEN GLOBAL MANUFACTURING OPERATIONS

DEARBORN, Mich., Nov. 20,2008 - Ford Motor Company today announced seniorΒ management changes in Europe and North America designed to strengthen its GlobalΒ Manufacturing operations and achieve better alignment with Ford's other global functions.

Effective Dec. 1, James Tetreault, 52, vice president, Manufacturing, Ford of Europe, will returnΒ to the United States and become vice president, North America Manufacturing. As part of hisΒ role in leading Ford's North America Manufacturing operations, Tetreault will drive Ford's continued efforts to improve manufacturing flexibility and efficiency in North America as the company retools several truck factories to launch a host of smaller, more fuel efficient vehicles.

Tetreault will be replaced by Ken Macfarlane, 58, as vice president, Manufacturing, Ford of Europe. Macfarlane, currently director, Manufacturing Operations, North American Truck, becomes a Ford Motor Company vice president with this new assignment. Macfarlane willΒ continue to build upon Ford's progress to implement lean, flexible and efficient manufacturing practices in Europe.

Tetreault and Macfarlane will report to Joe Hinrichs, Ford group vice president, GlobalΒ Manufacturing and Labor Affairs. Macfarlane also will report to John Fleming, Ford Motor Company executive vice president and chairman and CEO, Ford of Europe,

The organizational changes will allow Hinrichs to focus on driving common best practices acrossΒ Ford's Global Manufacturing operations and achieve full alignment with Ford's Global ProductΒ Development and Global Purchasing operations. Hinrichs will continue to oversee Global Labor Affairs and Automotive Components Holdings, LLC.

"These leadership changes represent an important step toward putting our Global ManufacturingΒ operations fully in place and achieving industry leading flexibility and common global leanΒ manufacturing practices," said Hinrichs. "Jim is a highly respected executive with a wealth ofΒ experience in quality and manufacturing at Ford. Knowing that our North America business is inΒ such capable hands will allow me to focus on my broader global responsibilities."

Before taking his current assignment in Ford of Europe in 2005, Tetreault held several Ford Manufacturing and Quality leadership positions in North America. He joined Ford in 1988.

"Ken is the ideal person to replace Jim and build on the progress we have achieved in Europe,"Β Hinrichs said. "His more than 35 years experience in Ford's operations and his successful track record will be invaluable in his new role."

Macfarlane joined Ford in 1973 and has held a series of Manufacturing, Quality and EngineeringΒ leadership positions in North America.

"Jim did a terrific job for us in Europe during the past three years and while we are sorry to seeΒ him go back to the states, we wish him all the best in this new assignment, which is criticallyΒ important to the global Ford team," Fleming said. "Ken comes to Europe with top-notchΒ credentials and a strong reputation as a manufacturing expert, and we look forward to the perspective and value that we know he will bring to the table."

###

Ford Motor Company, a global automotive industry leader based in Dearborn, Mick,Β manufactures or distributes automobiles across six continents. With about 224,000 employeesΒ and about 90 plants worldwide, the company's core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services throughΒ Ford Motor Credit Company. For more information regarding Ford's products, please visitΒ www.ford.com.

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
MSCFEAFDSSASELF
Date   Source Headline
8th Jun 20268:24 amRNSDisclosure of PSP Performance Condition Targets
3rd Jun 202611:01 amRNSAdmission to Trading
2nd Jun 20262:23 pmRNSDirector Shareholding & Block Listing Application
1st Jun 20267:00 amRNSTotal Voting Rights
21st May 20264:39 pmRNSResult of AGM
21st May 20267:00 amRNSAGM Statement
27th Apr 20263:51 pmRNSNotification of Transactions of Directors & PDMRs
21st Apr 20262:18 pmRNSDirector / PCA Shareholding
20th Apr 20267:00 amRNSDirector / PCA Shareholding
10th Apr 20264:34 pmRNS2026 Notice of Annual General Meeting
20th Mar 20265:18 pmRNSHolding(s) in Company
18th Mar 20267:00 amRNSPreliminary Results
2nd Mar 20267:00 amRNSTotal Voting Rights
2nd Feb 20267:00 amRNSTotal Voting Rights
28th Jan 20267:00 amRNSTrading Statement
2nd Jan 20267:00 amRNSTotal Voting Rights
2nd Jan 20267:00 amRNSTotal Voting Rights
1st Dec 20259:17 amRNSTotal Voting Rights
13th Nov 202512:35 pmRNSHolding(s) in Company
11th Nov 20257:00 amRNSTrading Statement
6th Nov 20254:05 pmRNSHolding(s) in Company
3rd Nov 20257:00 amRNSTotal Voting Rights
17th Oct 20251:03 pmRNSDirector/PDMR Shareholding
4th Sep 20254:31 pmRNSDirector/PDMR Shareholding
26th Aug 20257:00 amRNSHolding(s) in Company
8th Aug 202510:55 amRNSDirector/PDMR Shareholding
5th Aug 202510:03 amRNSHolding(s) in Company
1st Aug 20258:50 amRNSTotal Voting Rights
31st Jul 20255:27 pmRNSPDMR Shareholding
31st Jul 20253:45 pmRNSHolding(s) in Company
30th Jul 20257:00 amRNSHalf-year Report
15th Jul 20255:07 pmRNSHolding(s) in Company
7th Jul 20259:48 amRNSDirector/PDMR Shareholding
25th Jun 20257:00 amRNSDirectorate Change
6th Jun 20257:00 amRNSDirector/PDMR Shareholding
4th Jun 20255:06 pmRNSDirector/PDMR Shareholding
23rd May 20255:07 pmRNSDirector/PCA Shareholding
20th May 20255:28 pmRNSResult of AGM
20th May 20257:00 amRNSAnnual General Meeting Statement
9th May 202511:10 amRNSDirector/PDMR Shareholding
8th May 20252:55 pmRNSDirector/PDMR Shareholding
1st May 20251:17 pmRNSDirector/PDMR Shareholding
23rd Apr 20259:51 amRNSDirector Shareholding
9th Apr 20254:32 pmRNSDirector/PDMR Shareholding
8th Apr 20255:42 pmRNSNotice of Annual General Meeting
1st Apr 20257:00 amRNSTotal Voting Rights
20th Mar 20254:31 pmRNSDirector / PCR Shareholding
19th Mar 20257:00 amRNSDirectorate Change
19th Mar 20257:00 amRNSPreliminary Announcement of Results FY2024
14th Mar 20254:05 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.